10.3 Bob runs a manufacturing business. Included in his books are the following balances relating to the...

Question:

10.3 Bob runs a manufacturing business. Included in his books are the following balances relating to the costs of running his business for the year ending 30 November 20X4:

£
Raw materials purchase 26 540 Depreciation of plant and machinery 4333 Factory supervisor's salary 12 004 Factory rental 8 327 Opening stock of raw materials 3 433 Closing stock of raw materials 3 221 Electricity - factory 3 522 Machine operatives'wages 19 366 Factory insurance 4 002 What is the total prime cost for inclusion in Bob's manufacturing account for the year ending 30 November 20X4?

a) £45 906

b) £57 910

c) £58122

d) £46118.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: